Arthur D. answered 11/28/15
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let x=the amount of money each had
(x-58)/(x-37)=1/4
cross multiply
4(x-58)=1(x-37)
4x-232=x-37
4x-x=232-37
3x=195
x=195/3
x=$65 is the amount they started with
65-58=7
65-37=28
7/28=1/4